EUR / USD
To open a long position on EURUSD, it is required:
Buyers of the European currency can join the market after the support level moved towards 1.1443-1.1440 region where a surge in volume occurs that indicates the return of large players to the market.
To open a short position on EURUSD, it is required:
To sell the euro today will not be the right decision.
GBP / USD
For opening long positions on GBP USD, it is required:
Buyers of the pound can join the market after a correction to the support area of 1.3060, where the test on the volume signals to open long positions.
For opening short positions on GBP USD, it is required:
It is best not to rush when selling the British pound today.
Fears in indicators
- MA (moving average) 50 days - yellow
- MA (moving average) 30 days - green
- MACD: a fast EMA 12, Slow EMA 26, SMA 9
- Bollinger Bands 20
